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Bridgeport Mayor Bill Finch Braces For Sequester Cuts

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HARTFORD, Conn. (CBSNewYork) – On the minds of most big city mayors around the country today is the impact of federal budget cuts if there’s no agreement between Congress and President Barack Obama to avert the sequester.

With no sign of an agreement, $85 billion in across the board cuts will go into effect on Friday.

As the mayor of Connecticut’s largest city, Bridgeport’s Bill Finch said Thursday he never thought he’d see the day when huge federal budget cuts hang like the sword of Damocles over cities and towns.